Innovations in cryptocurrency exchange in Ukraine
Thanks to the new law, Ukrainians will receive more than 20 privileges to facilitate banking operations. From February 7 it became possible:
According to the law of 02/07/2019, dividends can be returned. The T + 1 rule has been canceled, due to which you can receive currency on the day the funds are credited. Also, the generally binding norm for the sale of foreign currency to exporters will decrease from 50 to 30%. The new indicator will take effect on March 1, 2019.
It should be reminded that earlier control of the foreign exchange market was carried out on the basis of a decree adopted by the Cabinet of Ministers in 1993. Last year, at a June meeting, the deputies adopted the law “On Currency and Foreign Exchange Transactions.” He began to act as soon as the NBU studied all the regulatory legal acts.
Thanks to the newly introduced system of 8 provisions, Ukrainians will receive a simplified conduct of transactions related to the foreign exchange market, and an alternative replacement of the previous base with 56 regulations.
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